Description

Jim Ferguson is entering his 33rd year in the financial business.  Jim started in the industry in 1993 as a Broker’s Clerk on the Chicago Board of Trade Grain Floor.  It was there where he first became exposed to the world of Managed Futures and Hedge Funds, working before and after market hours for a Commodity Trading Advisor, checking statements and client equity runs.  His career experience progressed through roles ranging from execution specialist on the earliest Electronic Futures Platforms to Order Desk Brokerage to Clearing and Execution Sales (Series 3 designation obtained and maintained since 1996) to primarily Futures Trading clients.

In 2001, Jim obtained his Series 7 and 63 Licenses and began work in a Money Market Sales Group in the securities subsidiary of a top US Bank.  In 2007, he moved from the bank’s fixed-income division to their Futures Commission Merchant (FCM) subsidiary, as VP-Institutional Sales, managing relationships with Corporate Energy Firms, Utilities, Hedge Funds, and Commodity Trading Advisors.  A year later, Jim left that bank to join another bank in a similar role, where he developed and maintained a book of clients - again, including Corporate Energy Firms, Utilities, Hedge Funds, Funds of Funds, and Commodity Trading Advisors.

Since 2011 and at present, Jim is a Director, Institutional Sales, at StoneX Financial, Inc., a combined Broker-Dealer and FCM subsidiary of StoneX Group Inc. (Nasdaq: SNEX).  Jim provides clients across the globe with a comprehensive range of customized financial services and tools to help them protect their margins and manage market volatility. A specialized financial services firm, StoneX serves mid-market clients with Research, Execution & Clearing, and Advisory Services. Jim’s focus at StoneX has included servicing a mix of clients ranging from energy or agricultural firms seeking price-risk protection, to Commodity Pool Operators and Commodity Trading Advisors who speculate in futures and OTC products on global derivatives exchanges (or bilaterally) worldwide.

In this episode, Philip and Jim Ferguson discuss: 

• Put people first: know your customer, grow your network, and be kind
• Growth happens outside your comfort zone
• There is no single path to success
• Enjoy the journey and stay curious

Lightbulb Moments:

• Success starts with relationships. Understand what your customers want, build lasting connections, and never underestimate the impact of simply being nice. It creates both professional and personal opportunities.
• Real development begins when you push past fear or hesitation. Whether it's launching a podcast or trying something unfamiliar, discomfort is often the first sign of progress.
• Jim’s journey proves that success doesn’t require a degree. Early experiences, like caddying, helped build practical skills like communication, discipline, and confidence.
• Success is more meaningful when you’re having fun. Keep learning from every industry, stay open to new ideas, and find joy in the process, not just the outcome.

“No matter how you get to where you want to be, it's important that you are comfortable doing whatever you do. Be the best at that that you can be.” - Jim Ferguson

Connect with Jim Ferguson: 

Website: https://www.stonex.com/en/ 

LinkedIn: https://www.linkedin.com/in/jim-ferguson-b74a977 

Connect with Philip: 

Website: https://www.fornarolaw.com/ 

Podcast Website: https://lbmpodcast.com/ 

"X": https://x.com/FornaroLaw 

Pinterest: https://www.pinterest.com/philipfornaro/ 

YouTube: https://www.youtube.com/@fornarolaw3002 

LinkedIn: https://www.linkedin.com/in/fornarolaw 

Instagram: https://www.instagram.com/fornarolaw/ 

Facebook: https://www.facebook.com/FornaroLaw 

https://www.facebook.com/philip.fornaro.3/